HDB Resale Report — March 2009

← February 2009 · all reports · April 2009 →

2,480 flats changed hands in March 2009 (+36.5% vs February 2009 · +15.6% vs March 2008). The median price across all flat types was S$310,000. The month's top sale: a 5 ROOM at Blk 52 STRATHMORE AVE for S$720,000.

At a glance

Flats resold

2,480

+36.5% vs February 2009 · +15.6% vs March 2008

Median price, all flat types

S$310,000

+0.0% vs February 2009 · +7.3% vs March 2008

S$1m+ resales

0

Median resale price, last 13 months

All flat types combined — the mix of flats sold shifts month to month.

S$280,000S$305,000S$330,000Mar '08Sep '08Mar '09Mar '08 · S$288,888 median · 2,145 resalesApr '08 · S$292,000 median · 2,341 resalesMay '08 · S$298,000 median · 2,178 resalesJun '08 · S$303,000 median · 2,270 resalesJul '08 · S$313,000 median · 2,458 resalesAug '08 · S$310,000 median · 2,197 resalesSep '08 · S$320,000 median · 2,492 resalesOct '08 · S$320,000 median · 2,395 resalesNov '08 · S$325,000 median · 2,424 resalesDec '08 · S$322,000 median · 2,049 resalesJan '09 · S$315,000 median · 2,006 resalesFeb '09 · S$310,000 median · 1,817 resalesMar '09 · S$310,000 median · 2,480 resalesS$310,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM995 S$313,000S$298 98
3 ROOM764 S$235,000S$324 67
5 ROOM571 S$375,000S$295 120
EXECUTIVE124 S$449,000S$285 147
2 ROOM23 S$183,000S$378 45
1 ROOM2 S$150,750S$452 31
MULTI-GENERATION1 S$462,000S$251 171

Median price by town and flat type

Ranked by all-type median — towns sell different flat mixes, so the first column compares markets, the per-type columns compare like flats. “—” means no resales of that type this month.

TownResalesAll types 3-room4-room5-room Executive
BUKIT TIMAH7S$410,000 S$315,000S$410,000 S$518,000
BISHAN34S$408,150 S$290,000S$403,400 S$495,000S$608,000
PUNGGOL74S$390,000 S$327,500 S$400,000S$464,000
SENGKANG109S$352,000 S$326,500 S$368,000S$450,000
PASIR RIS79S$347,000 S$177,000S$326,000 S$383,000S$495,500
TAMPINES193S$343,000 S$256,500S$330,000 S$388,000S$482,500
SEMBAWANG56S$337,500 S$311,000 S$360,000S$395,000
MARINE PARADE14S$335,000 S$315,500S$428,000 S$580,000
BUKIT PANJANG108S$318,650 S$212,500S$284,750 S$368,000S$400,000
HOUGANG128S$314,500 S$230,000S$310,000 S$375,500S$447,500
CHOA CHU KANG115S$313,000 S$223,000S$300,000 S$360,000S$413,000
SERANGOON56S$312,500 S$242,000S$330,500 S$388,888S$450,000
CENTRAL AREA14S$309,000 S$309,000S$418,000
BUKIT MERAH80S$305,500 S$269,000S$437,000 S$547,500
JURONG WEST212S$304,500 S$207,000S$291,000 S$360,000S$400,000
QUEENSTOWN76S$298,500 S$262,000S$470,000 S$640,000
WOODLANDS230S$291,000 S$195,000S$285,000 S$331,000S$423,000
JURONG EAST74S$286,500 S$232,500S$304,000 S$378,500S$460,750
KALLANG/WHAMPOA87S$286,000 S$243,000S$398,000 S$502,000S$499,000
BUKIT BATOK99S$280,000 S$230,000S$308,000 S$424,000S$485,000
CLEMENTI73S$280,000 S$260,000S$375,000 S$500,000S$562,500
BEDOK175S$273,388 S$228,500S$316,500 S$415,000S$485,000
ANG MO KIO114S$271,500 S$242,250S$333,000 S$480,000S$570,250
TOA PAYOH71S$268,000 S$244,000S$323,000 S$525,500
GEYLANG63S$265,000 S$225,000S$333,000 S$417,500S$445,000
YISHUN139S$238,000 S$213,000S$250,000 S$342,500S$418,000

Top transactions

BlockTypeLevelArea m² Price
Blk 52 STRATHMORE AVE 5 ROOM37 TO 39 110S$720,000
Blk 119C KIM TIAN RD 5 ROOM22 TO 24 110S$658,000
Blk 7 GHIM MOH RD 5 ROOM22 TO 24 119S$650,000
Blk 48 STRATHMORE AVE 5 ROOM31 TO 33 110S$645,000
Blk 52 STRATHMORE AVE 5 ROOM28 TO 30 110S$635,000
Blk 236A SERANGOON AVE 2 EXECUTIVE13 TO 15 140S$632,000
Blk 123 KIM TIAN RD 5 ROOM07 TO 09 128S$628,000
Blk 5 PINE CL 5 ROOM10 TO 12 110S$620,000
Blk 114 CLEMENTI ST 13 5 ROOM04 TO 06 147S$616,000
Blk 118C JLN MEMBINA 5 ROOM25 TO 27 110S$610,888